Short Interest in First Trust Small Cap Value AlphaDEX Fund (NASDAQ:FYT) Expands By 600.0%

First Trust Small Cap Value AlphaDEX Fund (NASDAQ:FYT) was the recipient of a large increase in short interest in the month of August. As of August 31st, there was short interest totalling 700 shares, an increase of 600.0% from the August 15th total of 100 shares. Based on an average daily volume of 53,600 shares, the short-interest ratio is presently 0.0 days.

Large investors have recently modified their holdings of the stock. Ameritas Investment Company LLC purchased a new position in shares of First Trust Small Cap Value AlphaDEX Fund during the first quarter worth approximately $26,000. Transamerica Financial Advisors Inc. acquired a new stake in First Trust Small Cap Value AlphaDEX Fund in the first quarter valued at $37,000. Stonebridge Financial Planning Group LLC acquired a new stake in First Trust Small Cap Value AlphaDEX Fund in the first quarter valued at $173,000. Wagner Wealth Management LLC lifted its holdings in First Trust Small Cap Value AlphaDEX Fund by 56.3% in the first quarter. Wagner Wealth Management LLC now owns 3,753 shares of the company’s stock valued at $189,000 after acquiring an additional 1,352 shares during the period. Finally, Arkadios Wealth Advisors raised its stake in shares of First Trust Small Cap Value AlphaDEX Fund by 107.7% during the 2nd quarter. Arkadios Wealth Advisors now owns 4,063 shares of the company’s stock worth $206,000 after buying an additional 2,107 shares during the last quarter.

Shares of FYT opened at $49.16 on Wednesday. First Trust Small Cap Value AlphaDEX Fund has a 12-month low of $29.29 and a 12-month high of $53.83. The firm has a 50-day moving average price of $50.10 and a 200 day moving average price of $51.01.

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